Managers of Wealth Offshore

Lawmakers won’t debate immigration reform bill until December

Cayman’s MPs will consider and debate the immigration reform bill next month.

Parliament passes beneficial ownership amendments

The bill received full support from the opposition, with legislators agreeing on the need to maintain Cayman’s compliance with international standards while reducing unnecessary burdens on legitimate businesses.

FATF raises pressure on asset recovery

Interpol and the United Nations Office on Drugs and Crime have estimated that less than 1 per cent of criminal proceeds are ever confiscated.

BOJ sets 2026 launch for bank fee comparison tool, 2027 for easy switching

The platform has been approved for development

Selling inherited property in Jersey

When selling your inherited property, if there is no Will in existence or registered, you will need to ensure you provide your lawyer with the deceased’s death certificate

Liechtenstein’s ‘zombie trust’ woes spread to Caribbean

Service providers in British Virgin Islands, Bahamas and Cayman Islands warn of unpaid fees and stranded assets

JOIC teams up with Isle of Man Data Protection Regulator to launch Insights Survey

We want to reassure organisations this survey is anonymous and strongly encourage participants to answer openly and honestly.

The typical collateral package in Cayman fund financing

SMA facilities are used when a fund has a single investor for certain legal, regulatory or investment purposes.

Bahamians may join forces to ‘revolutionise’ payments

The Central Bank, in the bidding documents, reaffirmed it is seeking an electronic solution that “enables real time payments” in the Bahamian domestic economy

Guernsey health department may lose £8 million under proposed budget freeze

That would take its budget to £261 million, up from £253 million.

Central Bank issues RFP for Bahamas’ fast payment system

The system will also accommodate both direct and indirect participation from commercial banks, credit unions, and other payment service providers operating within the domestic financial ecosystem.

Guernsey Court of Appeal clarifies directors’ duties and regulatory standards

The Court distinguished integrity from dishonesty

European Works Councils update: implications of the new EU Directive for employers in Ireland

The provisional agreement on European Works Council was adopted by the European Parliament on 9 October 2025 and still needs to be formally adopted by the European Council.

BMA to consult on new framework for parametric insurance

The BMA said a fit-for-purpose framework would support the growth of a strong parametric market

Changes to beneficial ownership regime

Many of the key features of the framework set out by the Act remain to be defined in those regulations and in guidance notes.

Recent changes to charities law in Guernsey

Guernsey’s economic substance regime requires entities deriving income from certain 'relevant activities' to demonstrate that they have sufficient substance.

Central Bank of Ireland Publishes Expectations on SFDR Compliance

The Central Bank noted there are areas that require a marked improvement

Money laundering risk assessment for the banking sector published

The assessment identifies a number of emerging threats, including cyber-enabled crime, fraud, and the misuse of virtual assets

Compliance costs drive corporate service consolidation

Those costs are easier to bear with economies of scale.

Tynwald approve new rate of Minimum Wage for the Isle of Man

This new rate represents a fair and considered step forward, based on a new methodology that is clear, evidence-based and rooted in the real status of the Island’s economy

Regulation, Risk & Compliance